Tax Consequences of Divorce
Tax consequences of divorce are the changes to your tax situation that result from ending a marriage, such as new filing status, who claims the children, and how property transfers are treated. In Florida, which has no state income tax, the main concerns are federal — for example, alimony in agreements finalized after 2018 is generally not deductible by the payer or taxable to the recipient. These issues can significantly affect the real value of a settlement, so spouses are encouraged to consult a tax professional. We provide general information only and do not give tax advice.
Last updated June 21, 2026
Legal Definition
Tax consequences of divorce refer to the federal tax treatment of divorce-related matters — filing status, dependency exemptions, the child tax credit, the non-taxable transfer of property between spouses incident to divorce under IRC §1041, and the post-2018 tax treatment of alimony.
Example
Before signing, they reviewed the tax consequences of divorce, including which parent would claim the children as dependents.
Related Terms
Ready to move forward?
If you and your spouse agree, our $750 flat-fee uncontested divorce is attorney-prepared and attorney-reviewed before filing.